[Form 4] CompoSecure, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Adam J. Lowe, Chief Product & Innovation Officer of CompoSecure, Inc. (CMPO), reported changes in his beneficial ownership on Form 4. The filing shows 27,738 shares of Class A common stock were issued to Mr. Lowe on 09/08/2025 under an earn-out provision from the merger agreement that completed on December 27, 2021, and 14,116 shares were disposed of on the same date at a price of $19.40 per share. After these transactions, Mr. Lowe beneficially owns 1,494,658 shares of Class A common stock, inclusive of vested shares and multiple tranches of restricted stock units (RSUs) and performance-vesting RSUs that remain subject to service and performance vesting conditions.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider received earn-out shares and sold a modest block; significant ongoing equity exposure remains tied to future vesting and performance.
The Form 4 documents a non-cash issuance of 27,738 Class A shares under an earn-out from the merger and a contemporaneous disposition of 14,116 shares at $19.40 each. The reporting person still holds a substantial equity stake—1,494,658 Class A shares—including time- and performance-based RSUs that may dilute upon vesting and are contingent on continued service or achievement of performance targets. For governance, the mix of vested shares, time-based RSUs, and performance RSUs aligns executive incentives with long-term performance while the small sale is a routine liquidity event rather than a signaling of loss of confidence, based solely on the filing.
TL;DR: Transaction mix reflects earn-out completion and routine disposition; outstanding RSUs create future potential dilution and align compensation with milestones.
The filing explicitly ties the 27,738 issued shares to an earn-out in the merger agreement and details the structure of outstanding awards: multiple RSU tranches with specified vesting schedules and 412,584 performance-vesting RSUs subject to achievement of targets. The reported disposal of 14,116 shares at $19.40 appears modest relative to total holdings. Material for investors are the sizable unvested award populations that may convert into Class A shares upon vesting, affecting future share count. No other compensation amounts or cash proceeds beyond the $19.40 per share sale price are disclosed in this document.